Project ID:	enter text	Project No.:	enter text
Designation:	enter text	Parcel No.:	enter text

THE UNDERSIGNED, enter text, in consideration of the sum of $enter amt paid by the State of Montana, hereinafter referred to as the "State," the receipt of which is hereby acknowledged, do grant to the State, for enter text from the date hereof, the exclusive option of purchasing from the undersigned the land enter text described as follows:

enter text

The purchase price of said real property is the sum of $ enter amt, subject to the following provisions:

1.	The State will have the property appraised.

2.	If the appraised value is higher than the purchase price stated above, the State will pay the appraised value.

3.	If the appraised value is lower than the purchase price stated above, the State at its discretion may:

a.	Offer the amount of the appraisal.

b.	Purchase the property for the purchase price stated above.

c.	Release the Option.

Upon payment of the purchase price as determined above, the undersigned shall deliver possession of said property, and shall execute and deliver a good and sufficient deed conveying fee simple title to said above described property. It is further agreed that the option money in the amount of $ enter amt shall be applied to the purchase price at closing and payment may be made by a State warrant payable and delivered to the Undersigned.

The undersigned hereby declares that there are no mortgages, liens or judgments covering the property herein described, or any portion thereof, except those listed hereafter:

enter text

Further, the undersigned hereby agrees not to sell or encumber said parcel of land during the term of this option. It is further agreed that this is an option and not a contract to purchase.

Dated this	day of	,	20

(Signature)

State of
County of

This instrument was acknowledged before me on
(date)

By

(Seal)
Notary Signature Line
Notary Printed Name
Notary Public for State of
Residing at:
My Commission Expires:	/	/	20